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Lithium Americas LAC Exploration Expense

Exploration Expense at other companies

Trilogy Metals logo
Trilogy MetalsTMQ
$25K
Perpetua Resources Corp. logo
Perpetua Resources Corp.PPTA
$53.1M+306%
Westwater Resources logo
Westwater ResourcesWWR
$312K+4,357%
Ivanhoe Electric logo
Ivanhoe ElectricIE
$21.41M+52.1%

Other financials

Income statement

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Net income$4.6M+140%
EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$758.5M+69.8%
Total debt$702.9M
Total equity$1.3B+115%
Total assets$3.1B+206%

Cash flow

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Operating cash flow-$18.3M+3.1%
CapEx$299.3M+154%
Free cash flow-$317.6M-132%

Valuation

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Market cap$1.18B+76.7%
Enterprise value$1.12B

Returns & leverage

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Return on equity-8.4%
Debt / equity0.5×
Current ratio7.4×-3.0×

Where this comes from

Reported directly by Lithium Americas in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The source filing: Lithium Americas’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 6:55 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-222727
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Operating expenses
Exploration expenditures-$(19)
General and administrative expenses (Note 11)(11,097)(6,517)
Total operating expenses(11,097)(6,536)
Other income (expense)
Transaction costs (Note 12)(1,001)(4,302)
Gain/(loss) on financial instruments measured at fair value:
Gain on LAC Warrant and JV Warrant obligations (Note 4)417-

Cover / Front Matter

FAQ

What is Lithium Americas's exploration expense?
Lithium Americas (LAC) reported exploration expense of $0 in Q1 2026.
How has Lithium Americas's exploration expense changed year-over-year?
Lithium Americas's exploration expense decreased by 100.0% year-over-year, from $19K to $0.
What is the long-term trend for Lithium Americas's exploration expense?
Over 2 years (2023 to 2025), Lithium Americas's exploration expense has grown at a -93.2% compound annual growth rate (CAGR), from $4.15M to $19K.
What does exploration expense mean?
Represents costs incurred to identify, evaluate, and confirm the economic viability of mineral resources. This metric is critical for mining companies in the pre-production phase to assess the long-term value of their geological assets.

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